According to the Department of Census and Statistics, rubber production had seen a decline of 21.1 percent during the third quarter of 2013 and the low demand for Sri Lankan natural rubber in the world market had dropped attributing to…
Category: Industry News
Kerala rubber farmers annual earnings declines 3,500 crore
Plunging rubber prices in central Kerala has dampened the Christmas market in the towns like Kottayam and Pala, the rubber-heartlands of the country. Rubber-growing areas of Kerala account for 90% of the nation’s natural rubber production (7.44 lakh tonnes in…
Nakhon Sithammarat rubber planters receives gov’t aid
Over 200 rubber planters in Nakhon Sithammarat Province yesterday received the assistance fund of 1,000 baht per rai as promised by the government . Presiding over the fund handing out ceremony, Lansaka District Chief Kittipan Petchu said a total of…
Thai Deputy Minister hopeful to raise rubber prices by year-end
Deputy Minister of Agriculture and Cooperatives Amnuay Patise is confident that his ministry will be able to raise the price of third-grade smoked rubber sheets to 60 baht/kg by the end of this year. The minister is also preparing to…
Cooper’s legal battle with Apollo dismissed by Delaware Chancery Court
Cooper Tire & Rubber Co. says it is “pleased” its legal battle with Apollo Tyres Ltd. is over. The Delaware Chancery Court dismissed the Cooper’s lawsuit against Apollo last week. Cooper also says it plans no further claims against Apollo.…
Kerala Congress reports state-wide hartal due to rubber price slump
Kerala Congress (anti-merger group), in alliance with left parties, has decided to hold a state-wide hartal on March 14 to condemn the neglect towards agricultural sector and steep fall in the price of rubber. In a press conference held here…
Marangoni retreads 4 millionth tyre at Tennessee facility
Marangoni Tread North America Inc. (MTNA) has manufactured its 4 millionth tread at its Madison, Tenn., facility. MTNA began tread production at the Madison plant in 2004 and reached the 1 million tread mark in 2008. Since then, both capacity…
Pirelli reveals ultra-high performance all-season tyre
Racing, according to Enrico Bertaggia, former champion driver and CEO of Dream Racing, isn’t always about the car. In fact, when the race is all said and done, it’s always been about the tyres. Bertaggia made that remark to media…
Honeywell inaugurates new glove research and dev’t center in China
Honeywell International Inc, the Fortune 100 diversified technology and manufacturing company, is targeting opportunities from the Chinese government’s commitment to increasing energy efficiency and the safety of its workers, said Alex Ismail, the company’s president and CEO of automation and…
NHTSA requested to recall defective Chinese-made tyre
Michael Cowen of the Cowen Law Group has requested that the National Highway Traffic Safety Administration launch an investigation into a defective Chinese-made tyre recalled by one U.S. distributor, but not another distributor of the same tyre under a different…